Orlando Magic Working on Buyout of Hedo Turkoglu

The Orlando Magic continue to seek a way out of Hedo Turkoglu’s contract. The veteran forward may end up playing in Europe again. Per the Orlando Sentinel: “The Magic are working on a buyout agreement with Hedo Turkoglu, plan on giving second-round pick Romero Osby a chance to make the team and likely will invite as many as four more players to their training camp, according to a source close to the club. As expected, Turkoglu and the team have been trying to arrange a buyout with the 13-year veteran small forward. He does not figure into the team’s rebuilding plans at age 34. Only half of his $12 million salary for next season — the last year of his contract — is guaranteed. If the Magic and Turkoglu can reach an arrangement, Turk will be waived. He then can become a free agent, eligible to negotiate with any other NBA team or play overseas. There are reports that Turkoglu has an offer with a team in his native Turkey if he decides not to stay in the NBA or is unable to sign a deal. Turkoglu, in his second stint with the Magic, posted career lows in most categories after an injury-plagued 11-game season in which he was suspended 20 games for using anabolic steroids.”